Category: Hawaiian
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Hawaiian Electric, others reach $4B settlement with Maui wildfire plaintiffs (NYSE:HE)
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My Photographer Friend/iStock via Getty Images Hawaiian Electrical Industries (New York:HE) and six other defendants have reached a $4 billion settlement that will resolve lawsuits filed by hundreds of victims of last year’s Maui wildfires. Under the proposed global settlement, which remains subject to final documentation and court approval, Seven…
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Hawaiian Electric, others reach $4B settlement with Maui wildfire plaintiffs (NYSE:HE)
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My Photographer Friend/iStock via Getty Images Hawaiian Electrical Industries (New York:HE) and six other defendants have reached a $4 billion settlement that will resolve lawsuits filed by hundreds of victims of last year’s Maui wildfires. Under the proposed global settlement, which remains subject to final documentation and court approval, Seven…
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Hawaiian Electric, others agree to $4 billion Maui wildfire settlement By Reuters
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(Reuters) – Hawaiian Electric Industries Inc said on Friday it is among defendants who have agreed to pay $4 billion to settle lawsuits related to deadly wildfires on Maui. The island’s utility and its parent company, Hawaiian Electric, are responsible for paying $1.99 billion of the pre-tax amount, which includes…
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Hawaiian Electric hits back at Maui County over Lahaina blaze (NYSE:HE)
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Hawaii Electrical Industries (New York Stock Exchange: Yes) said Friday it was not responsible for the deadly fire that destroyed the historic city of Lahaina, and Maui County should take responsibility, Bloomberg News reported. The utility filed a countersuit alleging that the local… The government neglected to clear vegetation, did…